The U.S. economy added a higher-than-expected 303,000 new jobs in March, while the unemployment rate was still below 4 percent, according to the Bureau of Labor Statistics (BLS). The labor market continues to remain resilient in a climate of high-interest rates and above-trend inflation. February job gains were revised down by 5,000 to 270,000. The […]
The U.S. economy added a larger-than-expected 275,000 new jobs in February as the labor market continues to defy economists’ expectations of a slowing market. According to the Bureau of Labor Statistics (BLS), the unemployment rate rose to 3.9 percent last month, up from 3.7 percent in January. This was higher than market forecasts of 3.7 […]
The U.S. economy created 353,000 new jobs in January, nearly doubling economists’ forecasts, highlighting a solid labor market to kick off 2024. According to the Bureau of Labor Statistics (BLS), the unemployment rate was unchanged at 3.7 percent, coming in below the consensus estimate of 3.8 percent. The employment gains were concentrated mainly in health […]
The U.S. economy added 216,000 new jobs in December, according to the Bureau of Labor Statistics (BLS). That was better than the 170,000 predicted by economists and higher than November’s gain. Job gains were revised down in both October and November. Employment in those months is now 71,000 lower than previously reported, according to the […]
The U.S. economy created 199,000 new jobs in November, topping economists’ expectations and showing continued resilience in the home stretch of 2024. This was up from 150,000 in October. According to the Bureau of Labor Statistics (BLS), the unemployment rate dropped to 3.7 percent last month, down from 3.9 percent and better than the consensus […]
As the nation honors its veterans, NTD hears from retired Air Force Maj. Brian Maddocks on his experience in the service, and what he recommends businesses do regarding the employment of veterans. Some of the qualities veterans bring to their jobs include assertive leadership skills, the ability to work in a team, adaptability, and the […]
The strength of the U.S. labor market soared above expectations and employment increased by the most in eight months. The unemployment rate remained at an 18-month high, but was at a historical low. Julia Pollak, the chief economist at ZipRecruiter, gave a further analysis of the new jobs report.
The U.S. economy created 336,000 new jobs in September, reversing the cooling trend that was seen over the summer months, according to new data from the Bureau of Labor Statistics (BLS). This was also an increase from the upwardly revised 227,000 in August and higher than the consensus estimate of 170,000. After seven months of […]
Job openings unexpectedly jumped in August, signaling that the demand for labor remains robust in a slowing economy and cooling job market. According to the Bureau of Labor Statistics (BLS), the number of job vacancies increased by 690,000 to 9.6 million at the end of August, up from an upwardly revised 8.92 million. The August […]
WASHINGTON—President Joe Biden touted his economic performance on Friday following the August jobs report in a speech at the White House, replying to his predecessor’s claim that he presided over greater employment gains. The U.S. economy added 187,000 jobs in August, according to the Bureau of Labor Statistics (BLS), exceeding the consensus estimates. Even though this […]
The U.S. economy created 209,000 new jobs in June, down from a downwardly revised 306,000 in May, according to the Bureau of Labor Statistics (BLS). This also came in below the consensus estimate of 225,000 and represented the lowest level of job creation of President Joe Biden’s time in the White House. Employment growth has […]
The U.S. economy added 311,000 new jobs in February, down from 504,000 in January, according to the Bureau of Labor Statistics (BLS). Economists had projected 205,000 new positions last month. The unemployment rate climbed to 3.6 percent, up from 3.4 percent, and matched market expectations. The labor force participation rate edged up to 62.5 percent. […]
The U.S. economy created 517,000 new jobs in January, up from an upwardly revised 260,000 in December, according to the Bureau of Labor Statistics (BLS). This is also higher than economists’ expectations of 185,000. The unemployment rate dipped to 3.4 percent, down from 3.5 percent and below the market estimate of 3.6 percent. Average hourly […]
WASHINGTON—U.S. job openings rose to 11 million in December, delivering a setback to the Federal Reserve’s effort to cool a hot job market. Openings were up from 10.44 million in November and were the highest since July, according to data released Wednesday by the Labor Department. Economists had expected job openings to drop slightly in […]
The Federal Trade Commission is looking to make a sweeping change to employment laws. It says companies shouldn’t be allowed to prevent employees from switching to a rival company. In a proposed rule today, the FTC would ban companies from requiring workers to sign non-compete agreements. The agency says these agreements undermine competition, block workers […]
Labor data might have been overcounted by as much as 1.1 million jobs earlier this year, the Federal Reserve Bank of Philadelphia revealed in a new quarterly report. According to the regional central bank’s second-quarter “Early Benchmark Revisions of State Payroll Employment” report (pdf), researchers’ estimated employment changes that occurred between March and June were […]
The U.S. economy added 263,000 new jobs in November, down from 284,000 in October, according to the Bureau of Labor Statistics (BLS). The market had forecast 200,000. The September jobs report was revised down by 46,000 to 269,000, and the change for October was revised up by 23,000. Last month, the unemployment rate remained unchanged […]
Employers unexpectedly added 528,000 jobs in July 2022, a surprising number that easily surpassed all expectations. NTD spoke with George Randle, partner and head of HR advisory at Talent War Group, about the job market.
The U.S. economy added 528,000 new jobs in July, topping the market estimate of 250,000, according to the Bureau of Labor Statistics (BLS). The unemployment rate dipped to 3.5 percent, down from 3.6 percent in June. The labor force participation rate slipped to 62.1 percent Average hourly earnings rose 0.5 percent month-over-month and 5.2 percent […]
This graduation in China, many fresh graduates can’t find a job. Many Chinese graduates are expected to decide to either join the workforce or continue their academic pursuits before the last day of school in June. Data from a Chinese job search website shows that as of May, the employment rates of graduates only reached […]
